Hey Tom Thanks for showing the breakdown of how to take the bitcoin out the money app. Looks a lot more straightforward than I was thinking. Enjoyed the video as always Cheers
The current setup indeed works and is geared towards traditional longer term investments. However, with copy trading being one of the primary/distinctive features in the platform and with the volatility of Cryptos, it would make sense to have a "take profit" function, which is easy to implement technically. This could encourage many who are gearing towards more active direct trading, like swing trading or day trading, to employ similar strategies with copy trading. This should lead to more proactive participation in the platform which in itself should increase the momentum and customer base.
@@SocialTrading In the same vein, allowing for a stop loss higher than 95% would allow/encourage, placement of larger sums, in Forex or Forex copytrading. (as typically the losses there are smaller for reasonable traders)
Maybe you have an understanding why etoro doesn't allow to move crypto from your wallet to main account? If want to use some crypto for let's say staking, like Eth or use wallet for airdrops, I can't do that. I need to withdraw my profit through etoro, in other case I could have problems with the bank. So why doesn't Etoro let the moving crypto between ACC and wallet?
You'd have to ask them really - but blockchain technology, which the wallet is using, is a very different architecture from the main site which is using other types of databases. A blockchain wallet can only send to another blockchain wallet - eToro could probably find a way to make that transition from wallet to site smoother, but for now, I'm not sure what their motives are.
I don’t buy cryptos on etoro either - this was about moving them off the etoro blockchain wallet which is a separate app they launched a few years ago.
I learnt this after one of the guys I copy wrote abot adjusting our stop copy limit in Bitcoin to keep us in profit if it tanked.
It's interesting to see how many people are moving their CSL around, and what their strategies are...
Thank you again Tom, you explained it so well , so clear. Here's to more investing. Cheers.👌
Thanks :)
Thanks for explaining that copy SL stuff. I always suspected it worked that way but was never sure. Helpful video as always 👍
Thanks :)
Hey Tom
Thanks for showing the breakdown of how to take the bitcoin out the money app. Looks a lot more straightforward than I was thinking.
Enjoyed the video as always
Cheers
:)
One question why in my account is not available trading divisas eur/usd a have a real acounnt ??
The current setup indeed works and is geared towards traditional longer term investments. However, with copy trading being one of the primary/distinctive features in the platform and with the volatility of Cryptos, it would make sense to have a "take profit" function, which is easy to implement technically.
This could encourage many who are gearing towards more active direct trading, like swing trading or day trading, to employ similar strategies with copy trading.
This should lead to more proactive participation in the platform which in itself should increase the momentum and customer base.
Good point :)
@@SocialTrading In the same vein, allowing for a stop loss higher than 95% would allow/encourage, placement of larger sums, in Forex or Forex copytrading. (as typically the losses there are smaller for reasonable traders)
Maybe you have an understanding why etoro doesn't allow to move crypto from your wallet to main account? If want to use some crypto for let's say staking, like Eth or use wallet for airdrops, I can't do that. I need to withdraw my profit through etoro, in other case I could have problems with the bank. So why doesn't Etoro let the moving crypto between ACC and wallet?
You'd have to ask them really - but blockchain technology, which the wallet is using, is a very different architecture from the main site which is using other types of databases. A blockchain wallet can only send to another blockchain wallet - eToro could probably find a way to make that transition from wallet to site smoother, but for now, I'm not sure what their motives are.
E Toro is like rip off They always offer worse rates when buying and selling. Revolut is way better
I don’t buy cryptos on etoro either - this was about moving them off the etoro blockchain wallet which is a separate app they launched a few years ago.